Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Fair Value of Intangible Assets and Estimated Useful Live

The fair value of intangible assets and their estimated useful live as of December 31, 2022 are as follows (dollars in thousands):

	Useful Life	Gross Amount		Accumulated Amortization		Net Book Value
Customer relationships	8 and 10 years	$	2,680	$	424	$	2,256
Developed technology	5 and 7 years		710		180		530
Trade name / trademarks	3 and 7 years		30		10		20
		$	3,420	$	614	$	2,806

The fair value of intangible assets and their estimated useful live as of December 31, 2021 are as follows (dollars in thousands):

	Useful Life	Gross Amount		Accumulated Amortization		Net Book Value
Customer relationships	8 and 10 years	$	2,680	$	132	$	2,548
Developed technology	5 and 7 years		710		63		647
Tradenames	3 and 7 years		30		3		27
		$	3,420	$	198	$	3,222

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The Company expects to record amortization for the years ended December 31 as follows (in thousands):

2023	$	415
2024		415
2025		415
2026		412
2027		412
Thereafter		737
	$	2,806